2024 FKP to TWD Historical Review

YEARLY HIGH

42.7578 TWD

YEARLY LOW

38.9980 TWD

YEARLY AVERAGE

41.0209 TWD

2024 FKP to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 23, valuing the pair at 42.7578. Conversely, the yearly low was recorded on January 2, dropping to 38.9980.

This high-to-low spread represents a total annual volatility of 3.7598 TWD. From a start-to-finish perspective, comparing the January average rate of 39.6384 to the December average rate of 41.1551, the exchange rate registered a net change of 3.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 42.7578 was up 4.92% compared to the 2023 peak of 40.7513, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 FKP based on timing:

Yearly Peak High 213,789 TWD

2023 Average 193,742 TWD

Yearly Trough Low 194,990 TWD

Transaction Impact: A difference of 18,798.94 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

42.5021

39.3781

JanuMarcMayJulySeptNove

FKP to TWD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 40.3378, compared to 41.7040 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3662 points.

H1 Avg (Jan–Jun) 40.3378

H2 Avg (Jul–Dec) 41.7040

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 1.3045 TWD (High: 42.4473 / Low: 41.1428). On the other end, June was the most stable month, with a tight range of 0.4943 TWD (High: 41.4136 / Low: 40.9193).

July Spread (Volatile) ±1.3045

June Spread (Stable) ±0.4943

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.6440 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.6440

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 42.2418) against the same month in 2023 (average: 39.6683), the exchange rate shifted by +2.5735 (+6.49%).

2024 Avg (September) 42.2418

2023 Avg (September) 39.6683

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	40.1172	38.9980	39.6384
February	40.0903	39.3039	39.6953
March	40.6588	39.9636	40.2580
April	40.7793	40.1985	40.4636
May	41.3692	40.4130	40.8111
June	41.4136	40.9193	41.1604
July	42.4473	41.1428	41.9962
August	42.2773	41.3153	41.7312
September	42.7578	41.8811	42.2418
October	42.4002	41.1146	41.8718
November	41.6976	40.5810	41.2278
December	41.5337	40.7914	41.1551